The Brexit effect: Law Society urges government to delay plans to separate from SRA after EU vote Legal Business Due to the uncertainty and economic volatility stoked by last week’s shock Brexit vote, the Law Society has told MPs…
Financials 2015/16: Kennedys highlights Asia growth as firm posts solid turnover boost of 7% Kathryn McCann Insurance specialist Kennedys has announced solid revenue growth of 7% for this financial year from £129.9m to £138.8m. In addition,…
Quinn, Stewarts and Signature demand costs from Mishcon clients in RBS litigation saga Legal Business The ongoing saga that is the £4bn shareholder group action against the Royal Bank of Scotland (RBS) continues to prove…
US focus: Columbia Threadneedle restructures legal division post-merger Sarah Downey Following its US merger, international asset manager Columbia Threadneedle has carried out a restructure of its UK legal team, scrapping…
Expansive White & Case opens second African office with Egypt launch Legal Business Rapidly expanding US firm White & Case is launching an office in Cairo, Egypt, as a wave of global law…
Barclays panel: DLA Piper loses out as banking giant finalises global roster Kathryn McCann After much speculation, a raft of firms including Clifford Chance, Ashurst, Eversheds, Mayer Brown, Reed Smith, Simmons & Simmons, Hogan…
Guest post: The referendum now poses a serious threat to Parliamentary Sovereignty Legal Business Forget about the online petition. We do not have government by petition, particularly not when we don’t know how many…
Financials 2015/16: Revenue reaches record high at pensions boutique Sacker & Partners Tom Moore Turnover at UK boutique Sacker & Partners rose 13% to £26.8m last year as big corporates sought to restructure their…
Global London advances: Latham makes key finance hire with appointment of Ashurst finreg head Madeleine Farman Latham & Watkins has bolstered its regulatory and disputes offering in the City with the hire of Ashurst’s head of…
Baker & McKenzie doubles City promotions, making up six in 85-strong global round Sarah Downey Baker & McKenzie has promoted six in the City in this year’s 85-strong global round, with a focus on building…
European retreat: Ashurst pulls out of Rome days after Sweden exit Madeleine Farman In its second European closure this month, Ashurst is shutting the doors to its Rome office after five years, with…
Financials 2015/16: Subdued market sees Watson Farley and RPC post single digit revenue growth Matthew Field LB100 firms Watson Farley & Williams and RPC reported slower revenue growth for 2015/16 with Watson Farley growing revenues by…
Guest post from Herbert Smith Freehills – Brexit: After the vote Legal Business The ‘in-out’ referendum on the question of the UK’s membership of the European Union (EU) which has dominated the political…
Brexit fallout: US firms feel the pressure in London but A&O and Freshfields commit to New York pay increases Legal Business With most US law firms experiencing something of a slowdown in the London market following the instability around the referendum…
Freshfields and Skadden face off as Japanese telco wins $1.2bn arbitration award from Tata Group Legal Business In one of the biggest cases for the London Court of International Arbitration (LCIA) this year, Skadden, Arps, Slate, Meagher…
Revolving doors: DWF makes Scottish insurance play as Skadden and EY make key hires Legal Business In this week’s appointments around up, law firms including Skadden, Arps, Slate, Meagher & Flom, DWF and accountancy giant EY…
Financials 2015/16: Maclays disappoints with double digit fall in PEP and low turnover growth Kathryn McCann Maclay Murray & Spens, fresh from failed merger talks with Addleshaw Goddard, has had another disappointing year financially, with a…
The profession reels as shock Brexit vote sends UK crashing out of EU… and into years of uncertainty Tom Moore European integration was the bedrock for City law firms’ dramatic globalisation during the 1990s and 2000s but yesterday’s shock vote…
Boardman on Brexit: Not good news but the City’s edge won’t reverse in an instant Legal Business We’ll be bringing you reaction throughout the day, but this just in from Slaughter and May corporate heavyweight Nigel Boardman:
Scottish Brexit reaction: Firm leaders urge calm in an even more uncertain environment Kathryn McCann With First Minister Nicola Sturgeon calling for a second Scottish referendum on UK independence amid Scottish voters overwhelmingly backing a…
